The State of New York opened the state’s electric and natural gas industries to competition in the 1990's. Changes in these markets have provided an opportunity for consumers to choose their supplier of energy. New York residents and organizations can shop for energy the same way they shop for anything they consume — by comparing prices. We've noticed many organizations are not doing their homework; therefore, they are paying more than they should.
Did you know it's common for New York organizations to have more than 50 suppliers who will compete for their business at any given time!? We feel most organizations are only receiving a quote from one supplier.
It pays to look at all suppliers, because the cost can vary widely and your organization can get locked into a contract that is not in its best interest. It's best to have an independent cost consulting company, like ICC, help you by submitting over 50 RFQ's and performing a cost-benefit analysis.
Be careful, because there are companies who will submit bids for you, but will receive a kick-back from the supplier you choose. Using ICC is different; we only earn compensation if you realize a cost savings. We are independent and will only work in your best interest.
Keep in mind there are times when it makes sense for organizations to stay with obtaining supply from their incumbent utility company (i.e. National Grid).
In summary, it pays to compare and perform a comprehensive analysis.
Contact us with questions. Good luck.
#energy #ESCO #energysupply #costsavings #energychoice